Adding Granite to Your Luxury Kitchen

Adding Granite to Your Luxury Kitchen

Probably the most common question I get asked by sellers is “Should I install granite in the kitchen? That will make the value go up right?

Here is the deal. If you are living in the home, and not talking about sale value here, then adding granite is a no brainer. It is a fantastic countertop material in that it is durable, long lasting, and looks great with very little maintenance! For that sake of this article, when I say granite, you can read granite, silestone, quartz, etc etc.

From a resale perspective however, there are more factors to consider. Adding granite countertops to your kitchen is a great way to add value in certian circumstances – but in others, it is a complete waste of time and money, and will only lead to disapointment when you get down to a final selling price.

Notice the title of this post – Adding Granite to Your Luxury Kitchen…

Luxury. If you have a luxury kitchen without granite, get it. Your home will lose all the value of that nice kitchen just beacuse you have an inferior counter material. Your $20,000 kitchen without granite is worth nothing in the minds of most buyers, at this level, and in that price range, simply because of inadequate countertops.

But lets say we aren’t talking about a luxury kitchen per se, and just an average kitchen, with average cabinets, in average condition. It’s probably still worth it to add granite. With prices starting at $40/sf for granite, most kitchens are doable for a couple of thousand bucks – this will translate into several thousand more in resale value. Granite is one of those visceral items that buyers see and love – especially in homes where the competition doesn’t have granite. If I had a penny for every time I’ve heard “Ooooooh honey, this one has granite” I’d be… well…. I’d have lots of pennies anyways.

Finally, what about my old drafty victorian built in 1860 with paperboard cabinets installed in 1945 by neighbor Ed when he had some time off? Probably not worth it – adding granite to a kitchen that is in all likelihood going to be gutted by a new buyer is a poor choice. Better to just let it go, sell it as-is, and invest the money elsewhere. Like a jet-ski. It will pay off about the same as the granite would in that case.

 

 

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